Tue, Mar 20, 2018
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Other Voices – Making sense of insensibility

Monday, October 11, 2010

This is an executive summary of a paper authored last year by Thomas Kuntz, CEO of New Jersey-based firm called Polymetis LLC, which offers due diligence, investment research, strategic consulting, and advisory services to sophisticated investors. It discusses decision making strategies in investment management within a tactical framework derived from a process called "situational awareness," largely borrowed from its origins in military applications.

In the 1972 film The Candidate, Robert Redford plays Bill McKay, a young idealistic attorney who is recruited to run for the United States (US) Senate against a popular incumbent. At the climax of the movie, after securing a close and wholly unexpected victory, the confused and surprised protagonist is left to ask his campaign manager, “What do we do now?”

Indeed, that is the precise question investors around the globe are pondering in the face of turbulent and uncertain economic and market conditions. Let us call it the McKay Question.

This is especially relevant for investors in alternative investments like hedge funds. Although the results of alternatives over the past few years have largely underperformed relative to investor expectations and sales and marketing pitches, interest in these investments has never been higher. So, how should investors in alternative investments approach the McKay Question?


To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. John Paulson, once the industry's largest hedge fund, to return some investors' money[more]

    Komfie Manalo, Opalesque Asia: John Paulson is reported to be retuning some of his investors' money as a number of his hedge funds continue to suffer setbacks, reports

  2. Investing - Hedge funds amass big bets against world's leading advertisers, Investor Elliott Management buys tiny stake in Wipro[more]

    Hedge funds amass big bets against world's leading advertisers From FT.com: Hedge funds have amassed bearish bets of more than $3bn against the world's largest advertising companies in an attempt to profit as the industry undergoes ongoing wrenching disruption and slowing growth. Funds i

  3. News Briefs - Investcorp to launch a $100 million PE fund for Omani pension funds[more]

    Bahrain-based investment firm Investcorp will soon launch a $100 million fund dedicated to Oman's Pension Funds as part of its investment plan. 'The Opportunities Fund' will be focused on private equity investments in the U.S. and Europe and will target mid-sized companies across a broad range of se

  4. DoubleLine's Gundlach sees U.S. 10-year Treasury yield rising, weighing on stocks[more]

    From Reuters/Streetinsider.com: Jeffrey Gundlach, the chief executive of DoubleLine Capital and known on Wall Street as the "Bond King," said on Tuesday the yield on the U.S. 10-year Treasury note will likely move higher and pressure riskier assets including equities and junk bonds. Gundlach, on an

  5. SEC charges Theranos CEO Holmes with fraud[more]

    Bailey McCann, Opalesque New York: The SEC has charged Elizabeth Holmes, founder and CEO of Theranos and its former President Ramesh "Sunny" Balwani with raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about t